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Credit Risk Manager Jobs in Alma, MI (NOW HIRING)

Dow Credit Union

Mortgage Sales Manager

Midland, MI · On-site

$108K/yr

Dow Credit Union is seeking a results-driven, member-focused Mortgage Sales Manager to lead and ... Collaborate cross-functionally with Compliance, Risk, Marketing, Processing, and Consumer Lending

Dow Credit Union

Mortgage Sales Manager

Midland, MI

$108K/yr

Dow Credit Union is seeking a results-driven, member-focused Mortgage Sales Manager to lead and ... Collaborate cross-functionally with Compliance, Risk, Marketing, Processing, and Consumer Lending

Dow Credit Union

Mortgage Sales Manager

Midland, MI · On-site

$108K/yr

Dow Credit Union is seeking a results-driven, member-focused Mortgage Sales Manager to lead and ... Collaborate cross-functionally with Compliance, Risk, Marketing, Processing, and Consumer Lending

U.S. Navy

Bomb Technician

Saint Charles, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

U.S. Navy

Bomb Technician

Saint Louis, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

U.S. Navy

Bomb Technician

Alma, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

U.S. Navy

Bomb Technician

Chesaning, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Ithaca, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

U.S. Navy

Bomb Technician

Edmore, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

U.S. Navy

Bomb Technician

Carson City, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

U.S. Navy

Bomb Technician

Breckenridge, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Muir, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

US Navy

Bomb Technician (EOD)

Greenville, MI

... safety and risk management; regular integration with Special Operations, fleet units, and ... recommended college credit for Navy training, Navy COOL-funded certifications, USMAP ...

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Showing results 1-20

All JobsCredit Risk JobsCredit Risk Manager JobsCredit Risk Manager Jobs in Alma, MI

Credit Risk Manager information

See Alma, MI salary details

$74.7K

$136.7K

$206.8K

How much do credit risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for credit risk manager in Alma, MI is $136,683.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,300.00 and $153,200.00 per year, depending on experience, location, and employer.

What are the 5 C's of credit risk management?

The 5 C's of credit risk management are Character, Capacity, Capital, Collateral, and Conditions. These factors help credit risk managers evaluate a borrower's ability and willingness to repay a loan, guiding credit decisions and risk assessments. Understanding these principles is essential for effective credit analysis and maintaining financial stability.

How does a Credit Risk Manager typically collaborate with other departments to assess and mitigate risk?

A Credit Risk Manager frequently works with teams across the organization, such as underwriting, finance, and compliance, to assess borrower creditworthiness and ensure adherence to risk policies. Collaboration often involves developing risk models, reviewing loan portfolios, and communicating risk exposures to senior management. Working closely with these departments enables comprehensive risk assessments and the implementation of effective mitigation strategies. This cross-functional approach fosters a proactive risk culture and ensures that credit decisions align with both regulatory requirements and business objectives.

What Does a Credit Risk Manager Do?

A credit risk manager analyzes credit risk for banks and similar financial institutions. In this role, it’s your job to develop better credit risk policies and procedures to alleviate losses and maintain capital. Additional duties involve examining data, building financial models, creating performance reports, ensuring regulatory compliance, and formulating credit policy. This career requires at least a bachelor’s degree in business administration or a related field. Other important qualifications include excellent analytical, communication, and research skills. Most employers typically prefer candidates who have previous risk management experience.

What is the highest salary for a risk manager?

The highest salary for a Credit Risk Manager can exceed $150,000 annually, especially in large financial institutions or with extensive experience and advanced certifications. Senior risk managers in major markets or with specialized skills may earn even higher compensation, including bonuses and incentives.

What are Credit Risk Managers?

Credit Risk Managers are professionals responsible for assessing and managing the risk of financial losses that may arise from borrowers failing to repay loans or meet contractual obligations. They analyze financial data, credit reports, and market trends to determine the creditworthiness of individuals or businesses. Credit Risk Managers also develop policies and strategies to minimize potential losses and ensure compliance with regulatory standards. Their role is critical in maintaining the financial health and stability of banks, lending institutions, and other organizations involved in credit.

What is the role of a credit risk manager?

A credit risk manager is responsible for assessing and monitoring the creditworthiness of clients and borrowers to minimize financial losses. They analyze financial data, develop risk mitigation strategies, and ensure compliance with lending policies, often using tools like credit scoring models and financial analysis software.

What are the key skills and qualifications needed to thrive as a Credit Risk Manager, and why are they important?

To thrive as a Credit Risk Manager, you need strong analytical abilities, deep knowledge of financial principles, and typically a degree in finance, accounting, or a related field. Familiarity with risk modeling software, credit scoring systems, and regulatory frameworks such as Basel III is essential. Strong communication, decision-making, and stakeholder management skills set outstanding professionals apart in this field. These skills are crucial for accurately assessing creditworthiness, minimizing financial losses, and ensuring regulatory compliance within financial institutions.

What is the difference between Credit Risk Manager vs Credit Analyst?

AspectCredit Risk ManagerCredit Analyst
CredentialsBachelor's degree, often certifications like CFA or credit risk certificationsBachelor's degree, finance or related field, sometimes certifications like CFA
Work EnvironmentOversees risk policies, manages teams, strategic planningAnalyzes credit data, assesses borrower risk, prepares reports
Industry UsageUsed in banking, financial services, lending institutionsCommon in banks, credit agencies, financial firms

The Credit Risk Manager focuses on overseeing and managing the overall credit risk policies and teams, while the Credit Analyst conducts detailed credit assessments of individual borrowers. Both roles require similar credentials and are integral to credit decision processes, but they differ in scope and responsibilities.

Does credit risk pay well?

Credit Risk Managers typically earn competitive salaries that vary by industry, experience, and location. They often receive additional benefits and may need certifications such as CFA or FRM, which can influence compensation levels.
More about Credit Risk Manager jobs
What cities near Alma, MI are hiring for Credit Risk Manager jobs? Cities near Alma, MI with the most Credit Risk Manager job openings:
Credit Risk Manager jobs near you
Mortgage Sales Manager

Mortgage Sales Manager

Dow Credit Union

Midland, MI • On-site

$108K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 27 days ago

Job description

Dow Credit Union is seeking a results-driven, member-focused Mortgage Sales Manager to lead and grow our residential mortgage sales function. This is a unique opportunity for a producing sales leader ("player-coach") who is passionate about developing high-performing teams, building strong community relationships, and delivering exceptional member experiences.
This position offers a competitive annual salary of up to $108,000 based on experience, representing a strong position within the role's salary range. We provide terrific benefits, including quarterly and annual incentives, medical, dental, vision, a 401(k) plan, paid holidays, and paid time off (PTO). If this sounds like the right opportunity for you, apply today!
DOW CREDIT UNION: OUR MISSION
In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit. Two Dow employees heard about the credit union movement, and the rest is history. Today, we serve more than 81,000 members and have over $2.3 billion in assets. Our goal has always been to serve our members to the best of our abilities and provide them with the best value for their money. Every day, we continually strive to improve our level of service by keeping our focus on our members.
In order to do this, we have to hire and retain loyal, team-oriented employees who have genuine care and concern for our members and conduct themselves with integrity and professionalism. That's why we offer competitive pay, excellent benefits, and a positive work culture. We truly respect each other and actively encourage diversity, equity, and inclusion (DEI). We are an equal-opportunity employer.
What You'll Do
As the Mortgage Sales Manager, you will lead a high-performing team while actively contributing to mortgage production. You will partner closely with the Director of Lending to drive strategy, accountability, and growth across the mortgage sales function.
Key Responsibilities
Lead & Develop a High-Performing Team
  • Recruit, hire, coach, and develop Mortgage Loan Officers (MLOs) and support staff
  • Set clear expectations and drive accountability for performance, service, and activity goals
  • Provide ongoing coaching through pipeline reviews, one-on-ones, and performance discussions

Drive Mortgage Growth
  • Execute a proactive business development strategy to grow mortgage volume
  • Build and maintain relationships with realtors, builders, financial advisors, and other referral partners
  • Coach team members on pipeline management, referral generation, and conversion effectiveness

Serve as a Producing Leader
  • Dedicate approximately 20-25% of time to personal loan origination
  • Maintain an active pipeline and contribute directly to production goals
  • Serve as the primary originator for Dow Credit Union employee mortgage and HELOC requests

Strengthen Performance & Quality
  • Monitor production, pipeline activity, conversion rates, and overall team performance
  • Conduct call reviews and application quality monitoring to drive consistency and compliance
  • Implement targeted coaching and corrective action when needed

Support Strategic Growth & Operations
  • Partner with leadership on product development, pricing, and competitive positioning
  • Collaborate cross-functionally with Compliance, Risk, Marketing, Processing, and Consumer Lending
  • Ensure efficient, compliant, and member-focused mortgage processes

Engage in the Community
  • Represent the credit union at community events, networking opportunities, and financial education initiatives
  • Build brand visibility and support referral growth in the local market

What We're Looking For
  • 5-8 years of progressive mortgage lending experience
  • Demonstrated leadership experience in a sales-driven environment preferred
  • Strong knowledge of mortgage products, processes, and regulations
  • Proven ability to coach and develop team members to achieve results
  • Strong sales, business development, and relationship-building skills
  • Ability to analyze performance metrics and drive strategy
  • NMLS registration required (SAFE Act compliant)
  • Experience with Encompass LOS preferred

Why Join Dow Credit Union?
At Dow Credit Union, we are committed to helping our members achieve their financial goals while investing in the growth and development of our team. This role offers the opportunity to:
  • Make a direct impact on organizational growth
  • Lead and develop a talented mortgage sales team
  • Build meaningful relationships in the community
  • Work in a collaborative, mission-driven environment

Apply Today
If you are a motivated sales leader who thrives in a player-coach role and is passionate about growth, development, and member service, we encourage you to apply.

Apply